Siemens Energy AG (OTCMKTS:SMNEY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Siemens Energy AG (OTCMKTS:SMNEY) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several brokerages recently commented on SMNEY. UBS Group downgraded shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research report on Monday, February 3rd.

Siemens Energy Price Performance

Shares of SMNEY opened at $64.57 on Wednesday. Siemens Energy has a 12-month low of $17.50 and a 12-month high of $69.07. The stock has a market capitalization of $51.61 billion and a P/E ratio of -307.48. The firm’s 50 day moving average is $60.03 and its 200-day moving average is $50.27.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. As a group, equities research analysts forecast that Siemens Energy will post 0.24 EPS for the current fiscal year.

About Siemens Energy

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.